Quote and bind new commercial business through several top-rated insurance companies. Provide customer service to agencies as well as insurance companies. Travel to both agencies and companies’ multiple times throughout the year.
Commercial Underwriter - CPAC - New York
Pay range: $60,000.00 - $80,000.00 plus commission ( typically $4K to 10K) and other bonus potentials
Not remote
Locations: Burlington, MA and Mount Pleasant, SC
Job Responsibilities:
• Create and maintain company and agency relationships
• Achieve written premium and income goals set by management on a quarterly basis
• Comprehend and maintain underwriting manuals for all companies represented
• Travel as deemed necessary by the management, to both agencies & company conventions
• Comfortable discussing team goals and actively participating in achieving these goals
• Adhere to company-wide minimum service standards
• Knowledge of the independent agency system and economics - assess the capacity of market, territory and individual agencies to identify and act on growth opportunities.
• Develop and maintain effective relationships with business partners.
• Demonstrate accountability for the assigned territory by being innovative and identifying and implementing opportunities for improvement in results.
• Must be innovative and creative
• Pursue education to enhance industry knowledge
• Other duties as assigned
Education and Work Experience:
• 3-5 years-experience in a Property & Casualty workspace with an Insurance Broker, Carrier, Managing General Agent or a Retail Property & Casualty Insurance Agency and/or an Insurance Degree from an accredited college specific to a focus on the insurance/financial business sector (i.e. RMI Degree).
Knowledge Skills & Abilities:
• Strong customer service skills
• Ability to maintain confidentiality
• Capacity to analyze information and mathematical aptitude
• Knowledge of all applicable rating systems
• Knowledge of all underwriting and rate/rule manuals
• Proficiency in on-line reference manuals
• Knowledge of underwriting principles
• Knowledge of policy forms
• Ability to recognize exposure to loss
• Research skills
• Attention to detail
• Decision making
• Coordination
• Ability to multi-task, prioritize, make quick decisions and be flexible in a fast-paced environment
• Computer experience a must, MS Word & Excel experience required
• Minimum 50wpm typing speed
• Team Player and Mentor to UWI
• Excellent oral and written communication skills
• Exceptional interpersonal skills
• Interest in selling products and services based on customer needs
• Ability to clearly and effectively present (both written and verbal) to external business partners, management and internal business partners, and maintain professional business appearance.
• Exhibits a professional appearance when representing the organization during agency visits or business meetings.
• Strong knowledge of the Property-Casualty Industry.
• Knowledge of Commercial Lines Products - ability to differentiate J&J products/services from competitors.
• Strong negotiation skills.
Typical Physical Demands:
• Must be able to lift-up to 25 lbs., must be able to sit for long periods of time, must be able to drive a motor vehicle.